House Sale After 9 Month, Is There A Tax To Pay ?

[bgs]

Good day,

we, that is my thai girlfriend want to sell our house what is just 9 month old

to buy land and build something new.

We will not get back what we paid ...

Is there a tax in this case and if, how much and is there

a legal way to avoid to pay ?

Thanks,

bgs

[Pappiklon]

Good day,

we, that is my thai girlfriend want to sell our house what is just 9 month old

to buy land and build something new.

We will not get back what we paid ...

Is there a tax in this case and if, how much and is there

a legal way to avoid to pay ?

Thanks,

bgs

Yes there is tax to pay, it is assessed on the value of the property, either the land dept appraisal or your declared selling price, not whether you have made a profit, to calculate how much you can try this link http://www.acuterealty.com/calculator.asp

[pete_r]

I think there is an extra tax (around 3%) if you've held the property less than 5 years. The idea is to discourage speculative investments that push land prices up.